Shanghai Shentong MetroLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Shentong MetroLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥356.6M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are CN¥2.4B and CN¥654.3M respectively. Shanghai Shentong MetroLtd's EBIT is CN¥82.5M making its interest coverage ratio -22.6. It has cash and short-term investments of CN¥197.7M.
Key information
20.7%
Debt to equity ratio
CN¥356.60m
Debt
Interest coverage ratio | -22.6x |
Cash | CN¥197.67m |
Equity | CN¥1.72b |
Total liabilities | CN¥654.28m |
Total assets | CN¥2.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600834's short term assets (CN¥384.3M) do not cover its short term liabilities (CN¥528.1M).
Long Term Liabilities: 600834's short term assets (CN¥384.3M) exceed its long term liabilities (CN¥126.2M).
Debt to Equity History and Analysis
Debt Level: 600834's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 600834's debt to equity ratio has reduced from 52.5% to 20.7% over the past 5 years.
Debt Coverage: 600834's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600834 earns more interest than it pays, so coverage of interest payments is not a concern.